Economy

NDRC calls for regulations on price hikes during holidays

(Xinhua)
Updated: 2010-09-10 09:15

BEIJING - China's top economic planning agency Thursday urged authorities nationwide to step up supervision to stabilize prices in food, transportation and tourism during the upcoming holidays.

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Focus should be attached to cracking down on price rigging, including circulating misleading or false information about price hikes, commodity hoarding or forcing up prices of grain, cooking oil, meat, eggs and dairy products, said an official from the National Development and Reform Commission (NDRC).

The official also asked involved departments to ramp up measures to regulate prices of public transportation and in the tourism industries, while curbing arbitrary price hikes and irregular charges.

Complaints and reports from the public will be accepted at hotline phone number "12358", said the official.

This year's Mid-autumn Festival holiday is Sept 22 to 24, and the National Day holiday lasts from Oct 1 to 7.